What is the credit card debt statute of limitations (and why does it matter)?
The answer lies in the statute of limitations, which is a legal timeframe that determines how long a lender or collection agency can take legal action against you for unpaid debts
Want to get out of credit card debt? Here’s how this couple paid off $27,000 in 18 months
Tana Williams and her husband found themselves in nearly $27,000 in debt after a series of emergency expenses came up, coupled with years of overspending. To get out of debt, they came up with a new budget, started taking on side hustles to earn extra income and found a debt management method that worked for them.
Americans' credit card and household debt reach all-time high
Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.
Why Transferring Credit Card Debt Won’t Pay It Off
A new report finds that people are spending more on their cards and paying down less. Financial experts offer tips for reducing that debt, starting with looking at your spending habits.
American credit card debt pushes to new record high once again
Following the trend of the last several months, Americans’ household debt has increased once again to new record highs, according to the Federal Reserve Bank of New York.
Credit counseling vs. debt relief: Which is better for borrowers?
Credit counseling and debt relief are both worth considering, but one may be better than the other. Here's why.
Tax Refund 2025 — Should You Save or Pay Off Debt?
The IRS reported paying an average tax refund of $1,928 for the 2025 tax season as of Jan. 31. That's a big leap from the ...
Financial advisor offers tips to tackle post-holiday credit card bills and manage debt
The holidays are behind us, but credit card bills are just starting to arrive. This is the perfect time to tackle your debt and take charge of your finances!Hav ...